TRC Synergy to prosper from new navy contract


TA Research is keeping its earnings forecasts unchanged.

PETALING JAYA: TRC Synergy Bhd’s latest contract win worth RM125mil from BHIC Submarine Engineering Services Sdn Bhd, a subsidiary of Boustead Heavy Industries Corp Bhd, spells good news for the company as this will drive its earnings.

TRC Synergy in a recent filing with Bursa Malaysia said it has secured a contract worth RM125mil from BHIC Submarine Engineering to conduct scheduled and corrective maintenance work at the Royal Malaysian Navy Submarine Base in Sapangar Bay, Kota Kinabalu.

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